Giant Leap for Global Trust: GLEIF creates LEI Digital Certificates, uses Inline XBRL Annual Report to demonstrate.
This demonstration shows how Inline XBRL documents can be both interactive and design led, almost indistinguishable from PDF reports but vastly more useful.
Great news this week as the efficiencies to be gained when tagging and structuring data bear fruit. The Global Legal Entity Identifier Foundation (GLEIF) released a Beta version of the LEI search tool 2.0 on Tuesday. The Legal Entity Identifier (LEI) enables clear and unique identification of entities engaging in financial transactions – put simply, […]
At XBRL International we believe that there is an extraordinary opportunity for collaboration both between regulators and amongst the regulated to improve clarity, improve outcomes and to bring about significant simplification. It’s also a chance to lower the costs associated with inconsistent regulations imposed on business. JP Morgan Chase seems to agree.
The agenda and papers for the next IFRS Taxonomy Consultative Group meeting, to be held on 19 April 2018, have been published. The topics for discussion will include: Principles of Disclosure IFRS Taxonomy—Technology review IFRS Taxonomy implementation support IFRS Taxonomy content—areas for discussion Handling of entity-specific disclosures Common practice analysis—IFRS 13 Fair Value Measurement IFRS Taxonomy […]
The Securities and Exchange Commission (SEC) has updated its test suite to include tests that use the US GAAP, SEC Reporting, Document and Entity Information, Exchanges, State and Province and Risk-Return 2018 taxonomies. The SEC’s public test suite helps vendors test their software, and gain confidence that their systems will produce filings that will be […]
As of November 1st, 2017, the ‘Level 1 LEI-CDF Version 2.1 Concatenated File’ is now the authoritative source for business identification Level 1 data. Level 1 data refers to business card LEI reference information designed to identify ‘who is who’, including the name of the legal entity in question and its registered address. The GLEIF […]
The landmark Kotak report prepared by a Committee of experts on Corporate Governance was submitted to the Securities and Exchange Board of India (SEBI) last week. The ‘Corporate Governance in India’ report aims to converge Indian and international corporate governance standards for that country. Out of its 170 pages, one significant takeaway may be of […]
An important part of high quality structured data is the application of business rules that uncover simple mistakes and business logic errors. XBRL International urges all regulators to use machine executable business rules in order to significantly enhance data quality. To help environments that report based on the IFRS accounting standards, the IFRS Taxonomy Formula Linkbase […]
XBRL International has responded with a range of suggestions to the SEC’s call for comments on its proposals to shift to Inline XBRL.
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XBRL International is a global not for profit operating in the public interest. Our purpose is to improve the accountability and transparency of business performance globally, by providing the open data exchange standard for business reporting.
